Lots of “investors” in the DC area are spending money on flipping properties. At the end of the day – they aren’t making a profit.
Let’s stop the madness!
As we wrapped up our spring break “bucket list” trip to Italy, we had a few moments before we boarded the plane.
I went over a very short list of expenses you need to keep in mind when you buy, renovate and sell a property.
One of the big hidden costs (many people forget these when they are getting started) are the transaction fees and taxes on these properties.
Join us at WREIA this coming Monday as we talk about financing properties in our area.